Brocade upgraded to Market Perform from Underperform at William BlairWilliam Blair upgraded Brocade (BRCD) to Market Perform saying the growing tension between EMC (EMC) and Cisco (CSCO) will lead to the company gaining share in Fibre Channel switching.

American Eagle downgraded to Sell from Neutral at GoldmanGoldman Sachs downgraded American Eagle (AEO) to Sell saying it sees 29% downside risk over the next six months. Goldman believes declining mall traffic and "aggressive competition" from low cost stores puts the retailer in a multi-year period of diminishing productivity, margins, and returns. Its six-month price target for American Eagle is $12. Shares of the retailer closed yesterday up 17c to $16.92. Goldman lists Ann Inc. (ANN), Abercrombie & Fitch (ANF) and American Eagle as its top sell ideas in the Specialty Apparel space. Its lone Buy rated name in the group is Urban Outfitters (URBN).

Xueda Education announces updates on JV with Qihoo 360 Xueda Education Group (XUE) announced updates pertaining to its Joint Venture, or JV, Agreement with Qihoo 360 (QIHU). The Agreement formed a joint-venture company, Sunshine Rabbit Technology, in Beijing, on February 26, with registered capital of less than $5M for the principal business purpose of pursuing online education opportunities. Xueda's CEO and co-founder, Xin Jin, serves as chairman of the board for the joint venture. Junyi Li, a senior executive at Xueda, serves as CEO of the joint venture. Qihoo 360's co-founder and president, Xiangdong Qi, and senior vice president, Guangdong Yu, serve, together with others, as directors of the joint venture.

Dako announces collaboration agreement with AmgenDako, an Agilent Technologies (A) company, announced a new Master Collaboration Agreement with Amgen (AMGN). The expanded collaboration will allow both companies to benefit from knowledge-sharing within the field of drug-diagnostic research and development in general, and in relation to companion diagnostic products in particular. The financial details of the agreement were not disclosed.

Dycom price target raised to $65 from $55 at FBR CapitalFBR Capital raised its price target for Dycom to $65 saying the FCC's Connect America Fund is an upcoming catalyst that is not yet appreciated. FBR expects the FCC over the next few months to begin shifting $9B over five years from rural subsidies in the Universal Services Fund to the Connect America Fund and its awardees. It believes the Phase II of the fund could add organic revenue growth to Dycom of approximately 5% per year starting in 2016 and develop into a multi-hundred-million-dollar opportunity annually through 2020. It keeps an Outperform rating on the stock.

Qihoo 360 announces partnership with Microsoft Qihu 360 (QIHU) announced a partnership with Microsoft (MSFT) to bring Windows 10, for free, to its customers in China through seamless upgrades. Qihu 360 will enable the Windows 10 upgrade with just a few clicks for their customers with accelerated download speeds. As a result, millions of Qihu 360 users will be able to upgrade to Windows 10 quickly and easily.